| Article ID: | iaor20162317 |
| Volume: | 77 |
| Issue: | 5 |
| Start Page Number: | 914 |
| End Page Number: | 942 |
| Publication Date: | May 2016 |
| Journal: | Automation and Remote Control |
| Authors: | Korepanov V, Korgin N |
| Keywords: | combinatorial optimization |
This paper designs an allotment mechanism for a limited amount of an infinitely divisible good (resource) among a finite number of agents under transferable utility. The mechanism is efficient in the sense of total agents’ utility maximization. As a solution, we introduce an adaptation of the Groves–Ledyard ‘quadratic government’ that was initially suggested for the problem of public good.